The Saudi Electricity Company (SEC), the largest producer, transmitter, and distributor of electrical energy in the Middle East and North Africa, announced that it seeks to reach net zero emissions by 2050 in line with the Kingdom of Saudi Arabia’s endeavor to reach carbon neutrality by 2060 through the circular carbon economy approach, SPA reported.
The announcement was made during a special event SEC organized Tuesday on the sidelines of the United Nations COP28 climate-change summit in Dubai, during which the company said that it has laid the foundation of environmental practices that seek to reduce emissions through projects to raise energy efficiency, as well as developing the electricity transmission network into a smart network, with clean energy, renewable energy stations, and the smart meter project.
In line with its endeavor to achieve carbon neutrality, SEC said it has signed seven agreements and MoUs with leading local and international companies, including one with the Net Zero Technology Center (NZTC) and global professional services company Accenture to enhance solutions that help reduce carbon emissions in Saudi Arabia and beyond.
The agreement, which is part of SEC’s endeavors toward environmental sustainability, seeks to leverage digital technologies and artificial intelligence (AI) to contribute to reducing carbon emissions.
Under the agreement, SEC will collaborate with its partners to develop and launch a Center of Excellence for Sustainability, with the goal of developing solutions to reduce carbon emissions.
The company will also work with its partners to promote national innovation and entrepreneurship and develop local competencies.
“This day marks a milestone in our journey towards a sustainable future, as the Saudi Electricity Company proudly collaborates with NZTC and Accenture to establish a Center of Excellence for Sustainability,” SEC stated in a press release.
The cooperation between SEC, NZTC, and Accenture “demonstrates the company’s ongoing commitment to achieving decarburization targets throughout the Middle East,” said the release.
